Twinkie-maker Interstate Bakeries exi...

Twinkie-maker Interstate Bakeries exits bankruptcy

There are 7 comments on the Joplin story from Feb 3, 2009, titled Twinkie-maker Interstate Bakeries exits bankruptcy. In it, Joplin reports that:

Interstate Bakeries Corp. has emerged from more than four years of bankruptcy. The Kansas City-based maker of Hostess Twinkies and Wonder Bread said Tuesday it had completed agreements with lenders and ...

Join the discussion below, or Read more at Joplin.


Fort Myers, FL

#1 Feb 3, 2009
Carolina Breadman

Mooresville, NC

#2 Feb 4, 2009
This is awesome news. Sure, we all know that concessions are being made, and of course, I hate the idea of losing so much of my ( our ) base pay. But having a stable job with a stable company is worth a lot right now in thses times. Also, you have to hope that with the bankruptcy issue removed, we as a company will be able to be more assertive with marketing, sales initiatives, etc..and with that will be growing our sales.

Fort Myers, FL

#3 Feb 4, 2009
I wonder with us being a stable stand alone company are we still getting new handhelds or better yet newer trucks.
stock market


#4 Feb 6, 2009
I own some shares of IBC. Does anyone know what is happening to/for the stockholders? IBCIQ has been pulled from the market.
Bad news breadman

Prescott, AZ

#5 Feb 6, 2009
I hope all is good but as of Mar 12,2009 company may still be liquid
it will pay unsecured creditors 194 million. IBC will sell rights to Hostess! Pensacola,Fl is a example all the SDAs for Pepperidge Farm own rights for those line items!!!!!If you own class A or Ba stock you be payed all others will not be paid8964
Bad news breadman

Prescott, AZ

#6 Feb 6, 2009
international brotherhood of Teamsters wants company liquidated also. not out of woods yet and as it looks now have a exit plan A and B if you work for IBC. I hope they emerge stronger than before but I think the fat lady is about to sing her heart out. good luck to you guys

Burlington, NC

#7 Feb 8, 2009
IBC is still a dying company and will be bought by a competitor. I hope they sell your routes off so you guys can start making some money for a change.

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